CIT
Corporate income tax regulations have recently been subject to several crucial changes. A large number of them aim at tightening the system, however, the law makers are introducing new tax incentives and exemptions for taxpayers. Polish tax law is also influenced by international initiatives, such as the so-called BEPS, ATAD directives or MLI Conventions.
These changes as well as a somewhat aggressive approach by tax authorities in many areas cause that CIT assessment is connected with significant doubts on the side of taxpayers. It will be our pleasure to help you dispel these doubts by applying our long-term experience to your issue. We offer support, and mostly take care of the safety of our clients, by bearing in mind your tax effectiveness. Our competences in the area of Corporate Income Tax mainly cover advisory in the scope of:
- transfer pricing;
- withholding tax;
- amortization and investment settlement;
- application for tax relief (in particular SSE/PSI, B&R relief, IP Box) and their effective use;
- applying regulations restricting the level of tax-deductible expenses, including those connected with debt financing and intangible services;
- tax planning and restructuring tax settlement;
- exit tax;
- Controlled Foreign Company;
- tax effective social and marketing policies;
- dedicated internal training courses subject to a client’s preference;
- tax reviews;
- legal representation in disputes with tax authorities.
VAT
Settlements of Value Added Tax, for many years has evoked some strong emotions among taxpayers. Unclear regulations which are often subject to changes and amendments, and also regular restrictive controls make this area the subject of serious consideration and attention even in the case for even the smallest entities. When advising our clients in this area, we bear in mind both the safety of any adopted solutions and avoidance of excessive costs –connected to the tax itself, as well as administration ones resulting from the necessity to keep detailed evidence and records connected with all transactions. Our competences in the area of VAT mainly cover comprehensive support in the area of:
- ongoing advisory connected with settlement of everyday business operations of our clients, including international transactions as well as untypical, one-off transactions;
- registration for VAT purposes in Poland,
- VAT compliance which includes preparation of necessary documents for VAT purposes (VAT registers, VAT returns, SAF-T files for VAT purposes, EC Sale Lists) as well as submission of such documents on behalf of the clients to the relevant tax office,
- securing tax position in the way of application for issuing individual tax interpretations, including, in particular confirmation for the possibility of applying document simplification and other solutions beneficial for the taxpayer;
- preparing application for issuing binding rate information;
- determining correct way of taxing deliveries carried out within supply chain;
- establishing correct VAT tax rates for goods and services;
- verification of goods and services classification on the basis of PKWiU and CN;
- establishing which products should be accounted for as within the system of obligatory split payment mechanism;
- verification and preparation of KKS procedures;
- preparation of a tailor-made procedure that aims at eliminating or minimalizing the risk of getting involved in the VAT fraud practices;
- carrying out tax reviews, including rates reviews that aim at identifying goods that could be subject to the lower VAT rate than the one currently used by a client, and also such goods for which the rate should be higher than the current one;
- conducting tailor-made workshops from the area of VAT that are most open to doubt by our clients;
- representation during disputes with tax authorities, fiscal controls, customs and fiscal controls; court and administrative proceedings.